Insights / This millennial mom ‘charges’ her 6-year-old rent. Experts say it’s not too young. | MarketWatch

This millennial mom ‘charges’ her 6-year-old rent. Experts say it’s not too young. | MarketWatch

This millennial mom ‘charges’ her 6-year-old rent. Experts say it’s not too young

Kate Yoho, CFP®, at TBH Advisors, speaks with MarketWatch’s Venessa Wong about if/how parents should teach their young children about personal finance, following a viral TikTok video of a mom who “charges” her children for rent and groceries. “Starting them at that age is great. I love her strategy. It’s good and basic. Kids get excited about stuff when they’re little — especially money, because they don’t understand it,” says Yoho.

Read the Article

Share This Article

Related Insights

Contact TBH

Let us assist you in achieving your financial goals.

At TBH, your financial goals are our top priority. Contact us to schedule a free consultation and see how we can help you achieve them.